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Wednesday, May 4, 2011

High petrol prices fuel jump in US online shopping

High petrol prices fuel jump in US online shopping Online shopping grew by its fastest rate in nearly four years in the US last month as rising fuel prices prompted Americans to cut trips to malls and buy on the internet instead, according to MasterCard Advisors.
US consumers spent $13.8bn online last month, a 19.2 per cent jump from April last year, according to the SpendingPulse survey, which is based on spending on MasterCard credit cards and estimates of other forms of payment.
http://link.ft.com/r/NA70KK/JIX8X6/QFRUDM/0GPI8L/TPSCT2/SN/h?a1=2011&a2=5&a3=4

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